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You don't think you would have an opportunity to achieve a higher position at Twitter (and more money either there or by switching into an adjacent company) fas
by ALittleLight 4y ago
You don't think you would have an opportunity to achieve a higher position at Twitter (and more money either there or by switching into an adjacent company) faster than at a FAANG? And the other indication you have, apart from common sense, is Tesla. If you had got and held on to a lot of Tesla stock you would have been rewarded. No guarantees obviously, but if Twitter could be as successful - same thing could happen there. It's a possibility.
- astrange 4y agoWouldn't it be more profitable to just make Twitter over again at a new company?
- ALittleLight 4y agoYes, but more risk. In five to ten years I think there is more of a chance for Twitter to be worth 500 billion dollars than a random startup trying to recreate Twitter.
- ryanSrich 4y agoNo. People here on HN drastically underestimate the value of Twitter’s network and name. Musk could start 1,000 social media companies for 1,000 lifetimes and still not hit on Twitter’s timing and execution early on. The age of social media is dead. No one is creating a Twitter competitor in 2022+. Either the site completely dies and people flee to existing platforms, or it lives on. The idea that one can just build a Twitter clone shows little understanding of human nature.
- falcor84 4y ago>The age of social media is dead. No one is creating a Twitter competitor in 2022+ What happened in 2022 that all the doors are suddenly closed? Wouldn't you have said the same in 2016, before TikTok came out of nowhere and became the most popular website (per Cloudflare). I'm pretty sure people spoke similarly in 2006 about how Facebook has no chance against Myspace. The only constant is change.
- astrange 4y agoThe social graph is extremely valuable, but the amount of debt it’s in is extremely not-valuable, so I’m not sure how much these two cancel out. You might be able to acquire the company from Elon for cheap in a bit Tumblr-style though.
- kibwen 4y agoElon literally fired 50% of Twitter's staff in order to save on expenses. He's not going to suddenly turn around and dectuple the salary of the remnants.